LegalizeReform history
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017
19 versions
· 2017-05-24
2026-02-13
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2025-11-21
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2025-09-10
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2025-02-07
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2025-01-23
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2024-11-26
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2024-07-12
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2022-09-09
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2021-04-01
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2021-01-21
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2020-12-31
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
Changes on 2020-12-31
@@ -1052,15 +1052,7 @@
- (b) references to the scheme documents are references to such parts of the documents as apply to the sub-scheme.
- (6) References to a co-ownership authorised contractual scheme are treated as including a collective investment scheme which—
- (a) is constituted under the law of an EEA State other than the United Kingdom by a contract,
- (b) is managed by a body corporate incorporated under the law of an EEA State, and
- (c) is authorised under the law of the EEA State mentioned in paragraph (a) in a way which makes it, under that law, the equivalent of a co-ownership authorised contractual scheme as defined in subsection (7),
provided that, apart from this section, no charge to tax is capable of arising to the scheme under this Act.
- (6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- (7) Subject to any regulations under subsection (8)—
@@ -1078,9 +1070,9 @@
- (12) In this section—
- “*"collective investment scheme”*” (“*"*cynllun buddsoddi torfol**”") has the meaning given by section 235 of the Financial Services and Markets Act 2000 (c. 8);
- “*"operator”*” (“*"*gweithredwr**”")—in relation to a co-ownership authorised contractual scheme constituted under the law of the United Kingdom, has the meaning given by section 237(2) of the Financial Services and Markets Act 2000 (c. 8), andin relation to a collective investment scheme treated as a co-ownership authorised contractual scheme by virtue of subsection (6) (equivalent EEA schemes), means the corporate body responsible for the management of the scheme (however described);
- ...
- “*"operator”*” (“*"*gweithredwr**”") ... in relation to a co-ownership authorised contractual scheme constituted under the law of the United Kingdom, has the meaning given by section 237(2) of the Financial Services and Markets Act 2000 (c. 8) ... ...
- “*"participant”*” (“*"*cyfranogwr**”") is to be read in accordance with section 235 of the Financial Services and Markets Act 2000 (c. 8).
@@ -8379,6 +8371,8 @@
- (a) paragraph 2 defines key terms,
- (aa) paragraphs 2A to 2D make provision about the meaning of “charity”,
- (b) paragraph 3 describes the relief available to a charity that is a buyer in a land transaction and the circumstances in which it is available,
- (c) paragraph 4 describes the circumstances where that relief is withdrawn,
@@ -8411,7 +8405,7 @@
- (3) In this Schedule—
- (a) “*"charity”*” has the meaning given by Part 1 of Schedule 6 to the Finance Act 2010 (c. 13), and
- (a) “*"charity”*” has the meaning given by paragraph 2A, and
- (b) “*"charitable purpose”*” has the meaning given by section 2 of the Charities Act 2011 (c. 25).
@@ -9764,19 +9758,19 @@
#### Overview of Act
#### Land transaction tax
#### Regulations specifying tax bands and tax rates
#### Land transaction
#### Procedure for regulations specifying tax bands and tax rates
#### Leases
#### Companies
#### Duty to make a return
#### Unit trust schemes
#### Notifiable transactions
#### General anti-avoidance rule
#### Meaning of tax
#### Meaning of major interest in land
The Schedules to this Act are arranged as follows—
@@ -10542,7 +10536,7 @@
[^key-3cb74598db6c2904389b36130f2c0cee]: [S. 35](https://www.legislation.gov.uk/anaw/2017/1/section/35) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-406b517ebf2e435da51a80e1cc135968]: [S. 36](https://www.legislation.gov.uk/anaw/2017/1/section/36) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-406b517ebf2e435da51a80e1cc135968]: S. 36 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-51da0cfe4de5ee247b141e3fbcb474c5]: [S. 37](https://www.legislation.gov.uk/anaw/2017/1/section/37) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
@@ -11256,23 +11250,23 @@
[^key-11b1d8e18b96c2acccb1885d1da9dd7b]: [Sch. 17 para. 9](https://www.legislation.gov.uk/anaw/2017/1/schedule/17/paragraph/9) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-ba83a3155ae4c6c1e20e14f5ddfb6e9d]: [Sch. 18 para. 1](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/1) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-2dfe3290f56cd6a776e179c420fc6f14]: [Sch. 18 para. 2](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/2) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-7636402b9f63f40af023f8057df8819c]: [Sch. 18 para. 3](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/3) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-49f125fb246e56a64ba6eb883b6b80f7]: [Sch. 18 para. 4](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/4) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-a949195011b38acdb8275c0356212ed6]: [Sch. 18 para. 5](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/5) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-d8cff59f6de4f4ae0f1a84a4e1cd0c9a]: [Sch. 18 para. 6](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/6) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-8fbbe4dd64a01e902b1922cb8da830b2]: [Sch. 18 para. 7](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/7) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-864648b4cc38db2b0c666bbb4b610aa4]: [Sch. 18 para. 8](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/8) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-1ed20875b6ea2404d72fbb97a7076c75]: [Sch. 18 para. 9](https://www.legislation.gov.uk/anaw/2017/1/schedule/18/paragraph/9) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-ba83a3155ae4c6c1e20e14f5ddfb6e9d]: Sch. 18 para. 1 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-2dfe3290f56cd6a776e179c420fc6f14]: Sch. 18 para. 2 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-7636402b9f63f40af023f8057df8819c]: Sch. 18 para. 3 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-49f125fb246e56a64ba6eb883b6b80f7]: Sch. 18 para. 4 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-a949195011b38acdb8275c0356212ed6]: Sch. 18 para. 5 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-d8cff59f6de4f4ae0f1a84a4e1cd0c9a]: Sch. 18 para. 6 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-8fbbe4dd64a01e902b1922cb8da830b2]: Sch. 18 para. 7 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-864648b4cc38db2b0c666bbb4b610aa4]: Sch. 18 para. 8 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-1ed20875b6ea2404d72fbb97a7076c75]: Sch. 18 para. 9 in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
[^key-c6ba46cb1a50de44bf4c6184065cf6b3]: [Sch. 19 para. 1](https://www.legislation.gov.uk/anaw/2017/1/schedule/19/paragraph/1) in force at 1.4.2018 by [S.I. 2018/34](https://www.legislation.gov.uk/wsi/2018/34), [art. 3](https://www.legislation.gov.uk/wsi/2018/34/article/3)
@@ -11363,3 +11357,75 @@
[^key-fd9d5c2a5450a687a1339c70d2b0df9e]: Words in [Sch. 6 para. 16(1)(h)](https://www.legislation.gov.uk/anaw/2017/1/schedule/6/paragraph/16/1/h) substituted (3.4.2019) by [The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833)](https://www.legislation.gov.uk/wsi/2019/833), [regs. 1(3)](https://www.legislation.gov.uk/wsi/2019/833/regulation/1/3), [2](https://www.legislation.gov.uk/wsi/2019/833/regulation/2)
[^key-e3967c1866138be95229d31956b86cec]: [S. 10(5)(b)](https://www.legislation.gov.uk/anaw/2017/1/section/10/5/b) excluded (temp.) (27.7.2020) by [The Land Transaction Tax (Temporary Variation of Rates and Bands for Residential Property Transactions) (Wales) Regulations 2020 (S.I. 2020/794)](https://www.legislation.gov.uk/wsi/2020/794), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2020/794/regulation/1/2), [2(3)](https://www.legislation.gov.uk/wsi/2020/794/regulation/2/3) (with [reg. 2](https://www.legislation.gov.uk/wsi/2020/794/regulation/2))
[^key-4962ef133a39f2f4e52cd7e81ed23b54]: Sch. 18 paras. 2A-2D and cross-headings inserted (31.12.2020) by [The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833)](https://www.legislation.gov.uk/wsi/2019/833), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2019/833/regulation/1/2), [3(4)](https://www.legislation.gov.uk/wsi/2019/833/regulation/3/4) (with [reg. 3(5)](https://www.legislation.gov.uk/wsi/2019/833/regulation/3/5)); [2020 c. 1](https://www.legislation.gov.uk/ukpga/2020/1), [Sch. 5 para. 1(1)](https://www.legislation.gov.uk/ukpga/2020/1/schedule/5/paragraph/1/1)
[^key-49fb6df464ebb45458ec336ccf49fb72]: S. 36(6) omitted (31.12.2020) by virtue of [The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833)](https://www.legislation.gov.uk/wsi/2019/833), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2019/833/regulation/1/2), [6(2)(a)](https://www.legislation.gov.uk/wsi/2019/833/regulation/6/2/a) (with [reg. 6(3)](https://www.legislation.gov.uk/wsi/2019/833/regulation/6/3)); [2020 c. 1](https://www.legislation.gov.uk/ukpga/2020/1), [Sch. 5 para. 1(1)](https://www.legislation.gov.uk/ukpga/2020/1/schedule/5/paragraph/1/1)
[^key-804592eb17f11b826813b56aaf673106]: Word in s. 36(12) omitted (31.12.2020) by virtue of [The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833)](https://www.legislation.gov.uk/wsi/2019/833), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2019/833/regulation/1/2), [6(2)(b)(i)](https://www.legislation.gov.uk/wsi/2019/833/regulation/6/2/b/i) (with [reg. 6(3)](https://www.legislation.gov.uk/wsi/2019/833/regulation/6/3)); [2020 c. 1](https://www.legislation.gov.uk/ukpga/2020/1), [Sch. 5 para. 1(1)](https://www.legislation.gov.uk/ukpga/2020/1/schedule/5/paragraph/1/1)
[^key-d86ff3e135184e2f988b70649bccbe5d]: Words in s. 36(12) omitted (31.12.2020) by virtue of [The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833)](https://www.legislation.gov.uk/wsi/2019/833), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2019/833/regulation/1/2), [6(2)(b)(ii)](https://www.legislation.gov.uk/wsi/2019/833/regulation/6/2/b/ii) (with [reg. 6(3)](https://www.legislation.gov.uk/wsi/2019/833/regulation/6/3)); [2020 c. 1](https://www.legislation.gov.uk/ukpga/2020/1), [Sch. 5 para. 1(1)](https://www.legislation.gov.uk/ukpga/2020/1/schedule/5/paragraph/1/1)
[^key-61f94299c453ecdef59eeb548c45f5aa]: Words in s. 36(12) omitted (31.12.2020) by virtue of [The Retained EU Law (Miscellaneous Amendments) (Wales) (EU Exit) Regulations 2019 (S.I. 2019/1281)](https://www.legislation.gov.uk/wsi/2019/1281), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2019/1281/regulation/1/2), [10](https://www.legislation.gov.uk/wsi/2019/1281/regulation/10); [2020 c. 1](https://www.legislation.gov.uk/ukpga/2020/1), [Sch. 5 para. 1(1)](https://www.legislation.gov.uk/ukpga/2020/1/schedule/5/paragraph/1/1)
[^key-20cfe0134215a9b5a4e45a0a091ece71]: Sch. 18 para. 1(aa) inserted (31.12.2020) by [The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833)](https://www.legislation.gov.uk/wsi/2019/833), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2019/833/regulation/1/2), [3(2)](https://www.legislation.gov.uk/wsi/2019/833/regulation/3/2) (with [reg. 3(5)](https://www.legislation.gov.uk/wsi/2019/833/regulation/3/5)); [2020 c. 1](https://www.legislation.gov.uk/ukpga/2020/1), [Sch. 5 para. 1(1)](https://www.legislation.gov.uk/ukpga/2020/1/schedule/5/paragraph/1/1)
[^key-bf9badd2900585cc235acbb4fe783b08]: Words in Sch. 18 para. 2(3)(a) substituted (31.12.2020) by [The Welsh Tax Acts (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/833)](https://www.legislation.gov.uk/wsi/2019/833), [regs. 1(2)](https://www.legislation.gov.uk/wsi/2019/833/regulation/1/2), [3(3)](https://www.legislation.gov.uk/wsi/2019/833/regulation/3/3) (with [reg. 3(5)](https://www.legislation.gov.uk/wsi/2019/833/regulation/3/5)); [2020 c. 1](https://www.legislation.gov.uk/ukpga/2020/1), [Sch. 5 para. 1(1)](https://www.legislation.gov.uk/ukpga/2020/1/schedule/5/paragraph/1/1)
### Meaning of “charity”
##### 2A
For the purpose of this Schedule, “charity” means a body of persons or trust that—
- (a) is established for charitable purposes only,
- (b) meets the jurisdiction condition (see paragraph 2B),
- (c) meets the registration condition (see paragraph 2C), and
- (d) meets the management condition (see paragraph 2D).
### Meaning of “charity”: jurisdiction condition
##### 2B
- (1) A body of persons or trust meets the jurisdiction condition if it falls to be subject to the control of a relevant UK court in the exercise of its jurisdiction with respect to charities.
- (2) A “relevant UK court” means—
- (a) the High Court,
- (b) the Court of Session, or
- (c) the High Court in Northern Ireland.
### Meaning of “charity”: registration condition
##### 2C
- (1) A body of persons or trust meets the registration condition if—
- (a) in the case of a body of persons or trust that is a charity within the meaning of section 10 of the Charities Act [2011 (c. 25)](https://www.legislation.gov.uk/ukpga/2011/25), condition A is met, and
- (b) in the case of any other body of persons or trust, condition B is met.
- (2) Condition A is that the body of persons or trust has complied with any requirement to be registered in the register of charities kept under section 29 of the Charities Act 2011.
- (3) Condition B is that the body of persons or trust has complied with any requirement to be registered in a register corresponding to that mentioned in condition A kept under the law of Scotland or Northern Ireland.
### Meaning of “charity”: management condition
##### 2D
- (1) A body of persons or trust meets the management condition if its managers are fit and proper persons to be managers of the body or trust.
- (2) In this paragraph “managers”, in relation to a body of persons or trust, means the persons having the general control and management of the administration of the body or trust.
- (3) Sub-paragraph (4) applies in relation to any period throughout which the management condition is not met.
- (4) The management condition is treated as met if WRA consider that—
- (a) the failure to meet the condition has not prejudiced the charitable purposes of the body or trust, or
- (b) it is just and reasonable in all the circumstances for the condition to be treated as met throughout the period.
2020-07-27
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2019-04-03
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2019-01-26
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2018-04-01
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2018-01-25
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2017-10-18
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2017-05-25
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2
2017-05-24
Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Ac
original version
Text at this date